comment by JFDI (U1657)
posted 1 minute ago
comment by Devonshirespur (U6316)
posted 1 minute ago
comment by Randomer (U5245)
posted 16 seconds ago
https://theguardian.com/football/2020/jun/04/tottenham-take-175m-bank-of-england-loan-to-ease-coronavirus-impact
Man’s ranting about borrowing. Have some shame
----------------------------------------------------------------------
There is no harm in borrowing, the point im making, which seems to have gone straight over your head, is that it costs and needs repaying. Under Roman, it didnt. Under investment company ownership, it will!
Spurs, like any other club, had to cover off losses made during the pandemic. We borrowed from teh Government, and then paid it back and refinanced the debt, so we are paying off those losses over time. Most other clubs will be covering off their losses through borrowing. Roman covered yours and now he's not getting his debt back so you did well in this respect
----------------------------------------------------------------------
Roman is getting nothing actually, not even his debt.
There are legally binding clauses in the sale details that prevent the new owners taking any profit or selling any shared in the club for ten years.
----------------------------------------------------------------------
I know. Part of that debt would have been covering losses made in the pandemic. So you are in a more favourable position to most in that the financial impact of the pandemic was borne by Roman, not the club.
comment by Randomer (U5245)
posted 47 seconds ago
Mate I’m not interested in whatever your point is because you made it clear several comments aho you haven’t got a clue.
Focus on your own team
----------------------------------------------------------------------
You have to forgive him, it's that desperate thought that things will go wrong that is the only thing that gives him any hope. It's sad I know but what can you do.
comment by Devonshirespur (U6316)
posted 32 seconds ago
comment by JFDI (U1657)
posted 1 minute ago
comment by Devonshirespur (U6316)
posted 1 minute ago
comment by Randomer (U5245)
posted 16 seconds ago
https://theguardian.com/football/2020/jun/04/tottenham-take-175m-bank-of-england-loan-to-ease-coronavirus-impact
Man’s ranting about borrowing. Have some shame
----------------------------------------------------------------------
There is no harm in borrowing, the point im making, which seems to have gone straight over your head, is that it costs and needs repaying. Under Roman, it didnt. Under investment company ownership, it will!
Spurs, like any other club, had to cover off losses made during the pandemic. We borrowed from teh Government, and then paid it back and refinanced the debt, so we are paying off those losses over time. Most other clubs will be covering off their losses through borrowing. Roman covered yours and now he's not getting his debt back so you did well in this respect
----------------------------------------------------------------------
Roman is getting nothing actually, not even his debt.
There are legally binding clauses in the sale details that prevent the new owners taking any profit or selling any shared in the club for ten years.
----------------------------------------------------------------------
I know. Part of that debt would have been covering losses made in the pandemic. So you are in a more favourable position to most in that the financial impact of the pandemic was borne by Roman, not the club.
----------------------------------------------------------------------
Not just the club, he also covered the costs of the use of both of our hotels throughout the pandemic for the use of NHS staff, our kitchens were used to provide meals delivered to local hospitals and he endured all support staff such as stewards were paid in full for all games even if not used.
comment by Devonshirespur (U6316)
posted 25 minutes ago
comment by CFC: Quad stoppers (U20729)
posted 1 minute ago
comment by Devonshirespur (U6316)
posted 2 minutes ago
Enjoy being owned by a private equity firm!
And dont be duped by the commitment to spend £1.75bn over 10 years. That amounts to £1bn for a stadium, probably through borrowing, and £75m a year in transfers, which is less than you spend already
----------------------------------------------------------------------
Yes but football clubs don’t make other revenues to spend on players or wages, do they?
----------------------------------------------------------------------
You have been duped !
Their commitment says nothing about the source of the money and its likely to be borrowing and spending of revenues earned.......its not saying its coming from their back pocket.
And when you consider Forbes value Man Utd at £3.3bn, your investor owners are not going to spend £2.5bn to buy, invest a further £1.75bn of their own money and expect to get back their total £4.25bn, and unlike Roman, they will expect a return on their money in the form of capital growth.
----------------------------------------------------------------------
Hardly duped. We all know the group are not legally obliged to spend a penny. It is a commitment… means nothing just a guideline
What we do know is that Chelsea won three European trophies and 2 league titles while spending what we earn
And our revenue as biggest club in London will allow us to spend big money on players and wages
comment by JFDI (U1657)
posted 25 minutes ago
comment by Chelsea_since_summer_1969 ✯✯ (U1561)
posted 6 seconds ago
comment by Devonshirespur (U6316)
posted 7 minutes ago
You spent £1.25bn on transfer in the last 10 years and your new owners have committed to spend at least £0.5bn less than that in the next 10....so generous
Enjoy!
----------------------------------------------------------------------
We’ll enjoy it just as much as we’ll enjoy Spurs winning fack all as per usual
----------------------------------------------------------------------
Thickos like this tend to forget that we are not in the same position that we were 20 years ago.
----------------------------------------------------------------------
This
comment by JFDI (U1657)
posted 7 minutes ago
comment by Randomer (U5245)
posted 47 seconds ago
Mate I’m not interested in whatever your point is because you made it clear several comments aho you haven’t got a clue.
Focus on your own team
----------------------------------------------------------------------
You have to forgive him, it's that desperate thought that things will go wrong that is the only thing that gives him any hope. It's sad I know but what can you do.
----------------------------------------------------------------------
^^ This
You have to laugh at Spurs fans of all people thinking that they can go on the boards of other more successful Clubs and try to lecture them on how to run their Club. It’s like the bloke on jobseekers trying to tell a Brain Surgeon how to do it.
comment by JFDI (U1657)
posted 13 minutes ago
comment by Randomer (U5245)
posted 47 seconds ago
Mate I’m not interested in whatever your point is because you made it clear several comments aho you haven’t got a clue.
Focus on your own team
----------------------------------------------------------------------
You have to forgive him, it's that desperate thought that things will go wrong that is the only thing that gives him any hope. It's sad I know but what can you do.
----------------------------------------------------------------------
Running out of straws to clutch at three point lane
Bad news for the likes of Moresperms who were trying to convince themselves and others that Chelsea FC would go under just because they'd had a few wet dreams about it.
comment by Devonshirespur (U6316)
posted 35 minutes ago
I am not saying Chelsea are going to the wall, just that your financial realities will now be more normal
----------------------------------------------------------------------
If you did some research our financial reallities have been normal since 2014 breaking even, spending what we earn and winning trophies
2013/14 +£18.4m
2014/15 -£23m
2015/16. +£4.7m
2016/17 +£15.3m
2017/18 +£62m
2018/19 -96m
2019/20 +£32.5 despite pandemic
This confirms what I thought, Chelsea will soon be finished at the top level.
Private equity firms are only looking for returns, so no more big spending.
Chelsea will be the next Valencia imo.
comment by #LiquidGenius (U20571)
posted 39 seconds ago
This confirms what I thought, Chelsea will soon be finished at the top level.
Private equity firms are only looking for returns, so no more big spending.
Chelsea will be the next Valencia imo.
----------------------------------------------------------------------
Wasnt this your narrative with Roman?
That aside I guess you missed the clause that prevents them taking money from the club for ten years.
comment by #LiquidGenius (U20571)
posted 3 minutes ago
This confirms what I thought, Chelsea will soon be finished at the top level.
Private equity firms are only looking for returns, so no more big spending.
Chelsea will be the next Arsenal imo.
----------------------------------------------------------------------
Arsenal fan talking about being finished.
Like wow, these guys genuinely have no shame
comment by Devonshirespur (U6316)
posted 1 hour, 3 minutes ago
Enjoy being owned by a private equity firm!
And dont be duped by the commitment to spend £1.75bn over 10 years. That amounts to £1bn for a stadium, probably through borrowing, and £75m a year in transfers, which is less than you spend already
-----------------------------------------------------------
Enjoy watching us not be whiny b!tches about it like Spurs fans do
Chelsea will be competitive. They have that winning mentality which is important to win trophies.
The challenge for them will be replacing Rudiger and others.
comment by #LiquidGenius (U20571)
posted 13 minutes ago
This confirms what I thought, Chelsea will soon be finished at the top level.
Private equity firms are only looking for returns, so no more big spending.
Chelsea will be the next Valencia imo.
----------------------------------------------------------------------
Agree. No more night spending
Just spending what we earn (more than Arsenal)
And winning trophies as we have done since 2014 While balancing books
Kind of what Wenger promised you when you built Emirates. What happened??
comment by Boca Seniors (U19731)
posted 3 minutes ago
Chelsea will be competitive. They have that winning mentality which is important to win trophies.
The challenge for them will be replacing Rudiger and others.
----------------------------------------------------------------------
Yes a big challenge but we have that winning culture now
comment by JFDI (U1657)
posted 20 minutes ago
comment by #LiquidGenius (U20571)
posted 39 seconds ago
This confirms what I thought, Chelsea will soon be finished at the top level.
Private equity firms are only looking for returns, so no more big spending.
Chelsea will be the next Valencia imo.
----------------------------------------------------------------------
Wasnt this your narrative with Roman?
That aside I guess you missed the clause that prevents them taking money from the club for ten years.
----------------------------------------------------------------------
comment by Boca Seniors (U19731)
posted 2 minutes ago
Chelsea will be competitive. They have that winning mentality which is important to win trophies.
The challenge for them will be replacing Rudiger and others.
----------------------------------------------------------------------
Already sorted, once the sale goes through Kounde will be announced and we have 200 million to invest.
I think the legitimate concern here for Chelsea is that financially it now looks more likely that those behind them are closing in while they do not seem to be closing in on those above.
The gap between Spurs and Chelsea's revenues has closed over the years and Spurs are now well placed to push on further. Chelsea can also secure some additional commercial revenues but really they are close to their ceiling as they have enjoyed successful times...without expanding their stadium and "diversifying" revenue streams further there is a limit to what they can do.
Meanwhile, Spurs are coming up on them, Newcastle will be another new player and United will come back at some point. Good knows whether Arsenal will show any ambition.
It is getting more and more competitive at the top end and in a way, Chelsea are standing still, may be even going a bit backwards.
Devon can you just stop posting nonsense mate, please
comment by CFC: Quad stoppers (U20729)
posted 30 seconds ago
comment by #LiquidGenius (U20571)
posted 13 minutes ago
This confirms what I thought, Chelsea will soon be finished at the top level.
Private equity firms are only looking for returns, so no more big spending.
Chelsea will be the next Valencia imo.
----------------------------------------------------------------------
Agree. No more night spending
Just spending what we earn (more than Arsenal)
And winning trophies as we have done since 2014 While balancing books
Kind of what Wenger promised you when you built Emirates. What happened??
----------------------------------------------------------------------
Well Wenger lost the plot, but that aside, it’s very rare to win nowadays without spending. Arsenal 97-2004 are pretty much the only PL team to achieve that.
You won’t be able to compete with City, Arsenal, Newcastle and Man Utd over the coming years with this new ownership.
Arsenal just renewed Elneny and this guy is talking about being finished at the top. Guess you’d know
comment by Devonshirespur (U6316)
posted 4 minutes ago
I think the legitimate concern here for Chelsea is that financially it now looks more likely that those behind them are closing in while they do not seem to be closing in on those above.
The gap between Spurs and Chelsea's revenues has closed over the years and Spurs are now well placed to push on further. Chelsea can also secure some additional commercial revenues but really they are close to their ceiling as they have enjoyed successful times...without expanding their stadium and "diversifying" revenue streams further there is a limit to what they can do.
Meanwhile, Spurs are coming up on them, Newcastle will be another new player and United will come back at some point. Good knows whether Arsenal will show any ambition.
It is getting more and more competitive at the top end and in a way, Chelsea are standing still, may be even going a bit backwards.
----------------------------------------------------------------------
I’d give up mate.
‘Close to our ceiling’ yes that’s why the Yanks invested £2.5bn in us. But you know better than successful billionaires
If Chelsea are close to their ceiling then Spurs are in outer space.
I just find it hilarious how it’s only Spurs and Arsenal fans that are obsessed with this takeover. They actually thought they were getting back ahead of us and can’t let it go
Sign in if you want to comment
Sale Approved
Page 2 of 4
posted on 25/5/22
comment by JFDI (U1657)
posted 1 minute ago
comment by Devonshirespur (U6316)
posted 1 minute ago
comment by Randomer (U5245)
posted 16 seconds ago
https://theguardian.com/football/2020/jun/04/tottenham-take-175m-bank-of-england-loan-to-ease-coronavirus-impact
Man’s ranting about borrowing. Have some shame
----------------------------------------------------------------------
There is no harm in borrowing, the point im making, which seems to have gone straight over your head, is that it costs and needs repaying. Under Roman, it didnt. Under investment company ownership, it will!
Spurs, like any other club, had to cover off losses made during the pandemic. We borrowed from teh Government, and then paid it back and refinanced the debt, so we are paying off those losses over time. Most other clubs will be covering off their losses through borrowing. Roman covered yours and now he's not getting his debt back so you did well in this respect
----------------------------------------------------------------------
Roman is getting nothing actually, not even his debt.
There are legally binding clauses in the sale details that prevent the new owners taking any profit or selling any shared in the club for ten years.
----------------------------------------------------------------------
I know. Part of that debt would have been covering losses made in the pandemic. So you are in a more favourable position to most in that the financial impact of the pandemic was borne by Roman, not the club.
posted on 25/5/22
comment by Randomer (U5245)
posted 47 seconds ago
Mate I’m not interested in whatever your point is because you made it clear several comments aho you haven’t got a clue.
Focus on your own team
----------------------------------------------------------------------
You have to forgive him, it's that desperate thought that things will go wrong that is the only thing that gives him any hope. It's sad I know but what can you do.
posted on 25/5/22
comment by Devonshirespur (U6316)
posted 32 seconds ago
comment by JFDI (U1657)
posted 1 minute ago
comment by Devonshirespur (U6316)
posted 1 minute ago
comment by Randomer (U5245)
posted 16 seconds ago
https://theguardian.com/football/2020/jun/04/tottenham-take-175m-bank-of-england-loan-to-ease-coronavirus-impact
Man’s ranting about borrowing. Have some shame
----------------------------------------------------------------------
There is no harm in borrowing, the point im making, which seems to have gone straight over your head, is that it costs and needs repaying. Under Roman, it didnt. Under investment company ownership, it will!
Spurs, like any other club, had to cover off losses made during the pandemic. We borrowed from teh Government, and then paid it back and refinanced the debt, so we are paying off those losses over time. Most other clubs will be covering off their losses through borrowing. Roman covered yours and now he's not getting his debt back so you did well in this respect
----------------------------------------------------------------------
Roman is getting nothing actually, not even his debt.
There are legally binding clauses in the sale details that prevent the new owners taking any profit or selling any shared in the club for ten years.
----------------------------------------------------------------------
I know. Part of that debt would have been covering losses made in the pandemic. So you are in a more favourable position to most in that the financial impact of the pandemic was borne by Roman, not the club.
----------------------------------------------------------------------
Not just the club, he also covered the costs of the use of both of our hotels throughout the pandemic for the use of NHS staff, our kitchens were used to provide meals delivered to local hospitals and he endured all support staff such as stewards were paid in full for all games even if not used.
posted on 25/5/22
comment by Devonshirespur (U6316)
posted 25 minutes ago
comment by CFC: Quad stoppers (U20729)
posted 1 minute ago
comment by Devonshirespur (U6316)
posted 2 minutes ago
Enjoy being owned by a private equity firm!
And dont be duped by the commitment to spend £1.75bn over 10 years. That amounts to £1bn for a stadium, probably through borrowing, and £75m a year in transfers, which is less than you spend already
----------------------------------------------------------------------
Yes but football clubs don’t make other revenues to spend on players or wages, do they?
----------------------------------------------------------------------
You have been duped !
Their commitment says nothing about the source of the money and its likely to be borrowing and spending of revenues earned.......its not saying its coming from their back pocket.
And when you consider Forbes value Man Utd at £3.3bn, your investor owners are not going to spend £2.5bn to buy, invest a further £1.75bn of their own money and expect to get back their total £4.25bn, and unlike Roman, they will expect a return on their money in the form of capital growth.
----------------------------------------------------------------------
Hardly duped. We all know the group are not legally obliged to spend a penny. It is a commitment… means nothing just a guideline
What we do know is that Chelsea won three European trophies and 2 league titles while spending what we earn
And our revenue as biggest club in London will allow us to spend big money on players and wages
posted on 25/5/22
comment by JFDI (U1657)
posted 25 minutes ago
comment by Chelsea_since_summer_1969 ✯✯ (U1561)
posted 6 seconds ago
comment by Devonshirespur (U6316)
posted 7 minutes ago
You spent £1.25bn on transfer in the last 10 years and your new owners have committed to spend at least £0.5bn less than that in the next 10....so generous
Enjoy!
----------------------------------------------------------------------
We’ll enjoy it just as much as we’ll enjoy Spurs winning fack all as per usual
----------------------------------------------------------------------
Thickos like this tend to forget that we are not in the same position that we were 20 years ago.
----------------------------------------------------------------------
This
posted on 25/5/22
comment by JFDI (U1657)
posted 7 minutes ago
comment by Randomer (U5245)
posted 47 seconds ago
Mate I’m not interested in whatever your point is because you made it clear several comments aho you haven’t got a clue.
Focus on your own team
----------------------------------------------------------------------
You have to forgive him, it's that desperate thought that things will go wrong that is the only thing that gives him any hope. It's sad I know but what can you do.
----------------------------------------------------------------------
^^ This
You have to laugh at Spurs fans of all people thinking that they can go on the boards of other more successful Clubs and try to lecture them on how to run their Club. It’s like the bloke on jobseekers trying to tell a Brain Surgeon how to do it.
posted on 25/5/22
comment by JFDI (U1657)
posted 13 minutes ago
comment by Randomer (U5245)
posted 47 seconds ago
Mate I’m not interested in whatever your point is because you made it clear several comments aho you haven’t got a clue.
Focus on your own team
----------------------------------------------------------------------
You have to forgive him, it's that desperate thought that things will go wrong that is the only thing that gives him any hope. It's sad I know but what can you do.
----------------------------------------------------------------------
Running out of straws to clutch at three point lane
posted on 25/5/22
Bad news for the likes of Moresperms who were trying to convince themselves and others that Chelsea FC would go under just because they'd had a few wet dreams about it.
posted on 25/5/22
comment by Devonshirespur (U6316)
posted 35 minutes ago
I am not saying Chelsea are going to the wall, just that your financial realities will now be more normal
----------------------------------------------------------------------
If you did some research our financial reallities have been normal since 2014 breaking even, spending what we earn and winning trophies
2013/14 +£18.4m
2014/15 -£23m
2015/16. +£4.7m
2016/17 +£15.3m
2017/18 +£62m
2018/19 -96m
2019/20 +£32.5 despite pandemic
posted on 25/5/22
This confirms what I thought, Chelsea will soon be finished at the top level.
Private equity firms are only looking for returns, so no more big spending.
Chelsea will be the next Valencia imo.
posted on 25/5/22
comment by #LiquidGenius (U20571)
posted 39 seconds ago
This confirms what I thought, Chelsea will soon be finished at the top level.
Private equity firms are only looking for returns, so no more big spending.
Chelsea will be the next Valencia imo.
----------------------------------------------------------------------
Wasnt this your narrative with Roman?
That aside I guess you missed the clause that prevents them taking money from the club for ten years.
posted on 25/5/22
comment by #LiquidGenius (U20571)
posted 3 minutes ago
This confirms what I thought, Chelsea will soon be finished at the top level.
Private equity firms are only looking for returns, so no more big spending.
Chelsea will be the next Arsenal imo.
----------------------------------------------------------------------
posted on 25/5/22
Arsenal fan talking about being finished.
Like wow, these guys genuinely have no shame
posted on 25/5/22
comment by Devonshirespur (U6316)
posted 1 hour, 3 minutes ago
Enjoy being owned by a private equity firm!
And dont be duped by the commitment to spend £1.75bn over 10 years. That amounts to £1bn for a stadium, probably through borrowing, and £75m a year in transfers, which is less than you spend already
-----------------------------------------------------------
Enjoy watching us not be whiny b!tches about it like Spurs fans do
posted on 25/5/22
Chelsea will be competitive. They have that winning mentality which is important to win trophies.
The challenge for them will be replacing Rudiger and others.
posted on 25/5/22
comment by #LiquidGenius (U20571)
posted 13 minutes ago
This confirms what I thought, Chelsea will soon be finished at the top level.
Private equity firms are only looking for returns, so no more big spending.
Chelsea will be the next Valencia imo.
----------------------------------------------------------------------
Agree. No more night spending
Just spending what we earn (more than Arsenal)
And winning trophies as we have done since 2014 While balancing books
Kind of what Wenger promised you when you built Emirates. What happened??
posted on 25/5/22
comment by Boca Seniors (U19731)
posted 3 minutes ago
Chelsea will be competitive. They have that winning mentality which is important to win trophies.
The challenge for them will be replacing Rudiger and others.
----------------------------------------------------------------------
Yes a big challenge but we have that winning culture now
posted on 25/5/22
comment by JFDI (U1657)
posted 20 minutes ago
comment by #LiquidGenius (U20571)
posted 39 seconds ago
This confirms what I thought, Chelsea will soon be finished at the top level.
Private equity firms are only looking for returns, so no more big spending.
Chelsea will be the next Valencia imo.
----------------------------------------------------------------------
Wasnt this your narrative with Roman?
That aside I guess you missed the clause that prevents them taking money from the club for ten years.
----------------------------------------------------------------------
posted on 25/5/22
comment by Boca Seniors (U19731)
posted 2 minutes ago
Chelsea will be competitive. They have that winning mentality which is important to win trophies.
The challenge for them will be replacing Rudiger and others.
----------------------------------------------------------------------
Already sorted, once the sale goes through Kounde will be announced and we have 200 million to invest.
posted on 25/5/22
I think the legitimate concern here for Chelsea is that financially it now looks more likely that those behind them are closing in while they do not seem to be closing in on those above.
The gap between Spurs and Chelsea's revenues has closed over the years and Spurs are now well placed to push on further. Chelsea can also secure some additional commercial revenues but really they are close to their ceiling as they have enjoyed successful times...without expanding their stadium and "diversifying" revenue streams further there is a limit to what they can do.
Meanwhile, Spurs are coming up on them, Newcastle will be another new player and United will come back at some point. Good knows whether Arsenal will show any ambition.
It is getting more and more competitive at the top end and in a way, Chelsea are standing still, may be even going a bit backwards.
posted on 25/5/22
Devon can you just stop posting nonsense mate, please
posted on 25/5/22
comment by CFC: Quad stoppers (U20729)
posted 30 seconds ago
comment by #LiquidGenius (U20571)
posted 13 minutes ago
This confirms what I thought, Chelsea will soon be finished at the top level.
Private equity firms are only looking for returns, so no more big spending.
Chelsea will be the next Valencia imo.
----------------------------------------------------------------------
Agree. No more night spending
Just spending what we earn (more than Arsenal)
And winning trophies as we have done since 2014 While balancing books
Kind of what Wenger promised you when you built Emirates. What happened??
----------------------------------------------------------------------
Well Wenger lost the plot, but that aside, it’s very rare to win nowadays without spending. Arsenal 97-2004 are pretty much the only PL team to achieve that.
You won’t be able to compete with City, Arsenal, Newcastle and Man Utd over the coming years with this new ownership.
posted on 25/5/22
Arsenal just renewed Elneny and this guy is talking about being finished at the top. Guess you’d know
posted on 25/5/22
comment by Devonshirespur (U6316)
posted 4 minutes ago
I think the legitimate concern here for Chelsea is that financially it now looks more likely that those behind them are closing in while they do not seem to be closing in on those above.
The gap between Spurs and Chelsea's revenues has closed over the years and Spurs are now well placed to push on further. Chelsea can also secure some additional commercial revenues but really they are close to their ceiling as they have enjoyed successful times...without expanding their stadium and "diversifying" revenue streams further there is a limit to what they can do.
Meanwhile, Spurs are coming up on them, Newcastle will be another new player and United will come back at some point. Good knows whether Arsenal will show any ambition.
It is getting more and more competitive at the top end and in a way, Chelsea are standing still, may be even going a bit backwards.
----------------------------------------------------------------------
I’d give up mate.
‘Close to our ceiling’ yes that’s why the Yanks invested £2.5bn in us. But you know better than successful billionaires
posted on 25/5/22
If Chelsea are close to their ceiling then Spurs are in outer space.
I just find it hilarious how it’s only Spurs and Arsenal fans that are obsessed with this takeover. They actually thought they were getting back ahead of us and can’t let it go
Page 2 of 4